The global economy is on the verge of a new and deeper jobs recession that may ignite social unrest, the International Labour Organization (ILO) has warned. It will take at least five years for employment in advanced economies to return to pre-crisis levels, it said. Read full article
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Disclaimer & comment rulesContrast this scenario with Chavez expropriating more Vestry land and you get a contrast between the success of capitalist development and humane and socialist approach were an acceptance of the need to include transition as a consequence of change needs to be planned for or as in capitalist economics is cost which needs to be reduced to a level which entails poverty at a level that is just above that which results in resistance which costs more to neutralise than social welfare would costs.
Nov 01st, 2011 - 01:00 pm - Link - Report abuse 0Commenting for this story is now closed.
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